New COP29 climate finance target at benefits all, says UN climate chief

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New COP29 climate finance target at benefits all, says UN climate chief - Business Standard

Quick Summary:

Setting ambitious objectives for the COP29 climate summit here, UN Climate Change Executive Secretary Simon Stiell on Monday emphasised the need for an updated global climate finance target and robust action on carbon markets.

India's key priorities at the conference are likely to focus on ensuring accountability for developed nations on climate finance, strengthening resilience for vulnerable communities, and achieving an equitable energy transition, experts anticipate.

Stiell's remarks came during the opening of the 29th session of the climate change conference of parties (COP29) in Baku, the capital of Azerbaijan.